Coinbase, one of the largest cryptocurrency exchanges in the U.S., has announced plans to suspend trading for the Movement token ($MOVE) starting May 15, 2025. This decision follows a recent internal review where the exchange concluded that $MOVE no longer meets its listing standards.
The suspension will affect trading across all supported platforms, including Coinbase.com, Coinbase Pro, and the Coinbase mobile app. Users holding $MOVE in their Coinbase wallets will still be able to withdraw their assets, but buying or selling the token will be restricted after the cutoff date.
According to Coinbase, the action is part of their regular process to ensure all assets meet the platform’s requirements for security, compliance, and overall project integrity. The company stated:
Although the specific reasons were not disclosed, common factors that may trigger such actions include insufficient liquidity, lack of developer activity, weak community support, or regulatory concerns.
If you’re holding $MOVE on Coinbase, it’s important to act before May 15. Here’s what you can do:
The delisting has already sparked conversation in the crypto community, raising concerns about the project’s future and its compliance with industry standards.
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